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Exceptional development opportunity in prime Forest Hill South. Approved severance and minor variances in place for the creation of four residential lots, each intended for three-storey semi-detached dwellings. Approvals are subject to conditions, including servicing and municipal requirements. Proposed lots offer efficient frontage and density, with approved relief for increased floor space index, reduced setbacks, and enhanced building envelopes.The property is currently fully tenanted, generating approximately $8,000/month in rental income, providing interim holding income during the development and permitting process.Property is being sold as-is with tenants. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions.
City: Toronto C03

| Purchase Price | $2,890,000 |
| Down Payment | $578,000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2,312,000 |
| Mortgage Payment | $14,247 |
| Property Taxes | $869 |
| Maintenance Fees | $0 |
| Monthly Payment | $15,116 |
Located at 1563 Bathurst Street , this Toronto C03 house is available for sale. This property was listed for $2,890,000 on Mon May 04 2026. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 4 parking spots.
MLS#: undefined · $2,890,000 · 8 bedroom house in Toronto C03